Lloyd’s, the world’s leading marketplace for insurance and reinsurance, has today announced that Patrick Tiernan has been appointed as Chief Executive Officer (CEO) by the Council of Lloyd’s.
Patrick will commence his tenure as Lloyd’s new CEO on 1 June 2025.
Patrick joined Lloyd’s in May 2021 as the organisation’s first Chief of Markets, responsible for underwriting, claims, exposure management, market oversight and international regulation, distribution, new entrant strategy, Lloyd’s Global Network, Lloyd’s Lab, Lloyd’s Academy and Lloyd’s global agents.
He brings a wealth of experience as an insurance executive with a successful track record built up over nearly 30 years. Before joining Lloyd’s, Patrick held a number of senior roles at Aviva, including Managing Director of Commercial Lines & Global Corporate & Specialty, and Chief Financial Officer of Aviva Insurance Limited. Previous to this he was the Chief Operating Officer of StarStone Insurance and Chief Executive Officer of Zurich’s Centrally Managed Businesses. He is a Chartered Accountant, a fellow of the ICAEW and holds a Bachelor’s degree in Business & Law from University College Dublin.